By Andrew M Spencer — Mar 20 - 07:30 PM
-0.05% after closing up 0.25% on Friday, supported by softer EUR/GBP -0.65%
UK's Sunak says he will help with cost of living where possible nL5N2VN07K
Impact of the Ukraine situation adds to uncertain outlook for the economy
Charts; momentum studies rise - 5, 10 & 21 daily moving averages conflict
21 day Bollinger bands contract - mixed signals favour range trading
Last week's sustained 1.3109 10 day moving average break suggests a range
1.3001 March 2022 low and 1.3246, 38.2% Feb-Mar fall viable parameters
NY 1.3111-1.3197 range is initial support and resistance
For more click on FXBUZ
gbp Mar 21 Click here
Source:
Refinitiv IFR Research/Market Commentary